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Questions and Answers
What is the formula for calculating the closing balance?
What is the formula for calculating the closing balance?
What is the relationship between total revenue and quantity sold?
What is the relationship between total revenue and quantity sold?
Which of the following correctly defines total cost?
Which of the following correctly defines total cost?
If total cash inflow is $5000 and total cash outflow is $3000, what is the net cash flow?
If total cash inflow is $5000 and total cash outflow is $3000, what is the net cash flow?
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What is the correct expression for net cash flow?
What is the correct expression for net cash flow?
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Study Notes
Net Cash Flow Calculation
- Net cash flow is calculated by subtracting total cash outflow from total cash inflow.
Closing Balance Calculation
- Closing balance is determined by adding the net cash flow to the opening balance.
Revenue Calculation
- Total revenue is found by multiplying the selling price by the quantity sold.
Cost Calculation
- Total cost is the sum of fixed costs and total variable costs.
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Description
Test your knowledge on essential finance concepts, including net cash flow, closing balance, revenue, and cost calculation. This quiz will help you understand how to evaluate cash flow and determine the financial health of a business.
